Remove Construction Remove Development Remove Home Value Remove Supply Chain
article thumbnail

New home sales fell again in February

Housing Wire

month-over-month in January , new home sales were down again in February, decreasing 2.0% Department of Housing and Urban Development and the U.S. Year-over-year, new home sales were down 6.2% This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. in February.

article thumbnail

Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. More housing developments are needed, leaving the door open for developers and investors to fill the gap. A whopping 3,644 homes closed during that busy summer month, 15.6

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

It’s safe to say we are tired of hearing the phrase “supply-chain disruption” and experiencing its effects. Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs.

Sellers 36
article thumbnail

The nation’s housing market is on a correction course

Housing Wire

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. In fact, Coronado said for some markets that have experience rapid home-price appreciation, a decline in home values may benefit the overall market. “At

article thumbnail

AN URGENT CALL FOR CHANGES TO ZONING LAWS

Will Springer Realtor

shows a link between heart health and inclusionary zoning, where local governments require developers of new multifamily buildings to set aside a certain number of units for low-income housing. While we can stack more homes vertically, we can’t make more land! Some parts of the U.S. – Yep, me too!

Law 36